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The Other Guy

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The Other Guy

Re: Inoviorulez post# 3541

Sunday, 05/15/2016 10:43:18 PM

Sunday, May 15, 2016 10:43:18 PM

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If you wanted to acquire a company with a market cap of $80 million, with potential technology like RXi and knew you had some time, what would you do? Strategically you may get the largest shareholder to sell, hire some hedge funds to short it down to $13 million, cause a reverse split, then make an offer for $100 million. That could save you tens, if not hundreds of millions, right?
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